FORMER chairman of the Australian Securities and Investment Commission, Alan Cameron, has been appointed to conduct an independent review of wagering in NSW.
Gaming and Racing Minister Graham West said the review would provide a framework for future growth and sustainability of the state’s racing industry in all three codes thoroughbreds, harness racing and greyhounds.
Cameron will be assisted by Jeremy Thorpe, a regulatory economist from Pricewaterhousecoopers who West said had provided specialist economic and regulatory advice to wagering reviews in Victoria and the ACT.
As agreed by the government and the chairmen of the three codes of racing in NSW, Gary Pemberton, Graeme Campbell and Percy Allan, the review will include consideration of:
Racing’s significant role as an industry and as an employer
Bookmaker structures and operating conditions
Publication of betting
odds TAB fixed odds betting Pooling
New technology and wagering
Sports betting Betting exchanges Advertising laws Responsible wagering Impacts from the National Competition Policy legislation
Other wagering issues considered relevant
West said the Review would take submissions from the three codes of racing, wagering operators, punters and other interested parties.